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ZIP Code 42406

Learn about the people, housing, costs and businesses in 42406

Median Home$174,336
Median Rent$844/month
Population4,408
Leading IndustriesRetail · Manufacturing26% retail
Home Value Growth+9.3% over 2 years
Young Adults26% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$174k median home · lower cost than 68% of the country
ZIP Code
42406

Frequently Asked Questions

What are today's mortgage rates in ZIP code 42406?

As of today, the 30-year fixed mortgage rate for ZIP code 42406 is approximately 6.995% (7.038% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 42406
What is the median home price in ZIP code 42406?

The median home value in ZIP code 42406 is $174k. The median monthly rent is $844. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 42406?

Home values in ZIP code 42406 have increased 9.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 42406?

Based on a typical all-in ownership cost of $937/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 42406 is $65k/year.

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What industries drive the economy in ZIP code 42406?

The largest employment sectors in ZIP code 42406 are retail (26%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.